Business & Tech
Goldman Sachs Warns 300 Million Jobs Could be Affected by AI in New Report
In a shocking new report, Goldman Sachs reveals that nearly 300 million jobs could be altered or eliminated by the growth of artificial intelligence.
According to Fox Business, “When asked what jobs could be replaced by AI broadly, ChatGPT said financial analysts and customer service representatives, among others, could potentially be replaced by AI in the future.”
Fox further reported that:
“Specifically, tasks that involve repetitive or manual labor might eventually become automated with the help of language models like ChatGPT, which the program itself could lead “to a decrease in the number of jobs available in those fields.”
AI will be able to automate the process of data analysis, which could reduce the need for manual entry and processing, optimize shipping and delivery routes, automate manufacturing and assembly lines, computerize many human accounting tasks and assist with legal research and analysis.”
With a current uncertainty in the American labor market, this would seem to be quite bad news.
Scarier yet is what former Google consultant and Datagrade founder and CEO, Joe Toscano, previously told Fox News Digital that, “companies and industries that replace writing jobs could make written material like essays, articles and online text susceptible to incorrect information, which could be overlooked or accepted as truth by many consumers.”